London-listed Bluebird Merchant soars as Catalyse buys more shares in co
23/08/2023 09:12
** Shares of South Korea-focused mine rehabilitation firm
Bluebird Merchant Ventures Ltd BMV.L up as much as 28% at
0.800p
** Stock among top pct gainer across London bourse
** Catalyse to buy largest shareholder Southern Gold's
SAU.AX 122.5 mln shares in co
** Catalyse agreed for an initial purchase of 22.5 mln
shares in Bluebird at 0.55p apiece, remaining shares will be
purchased in four tranches - co
** SAU's existing stake of 122.5 mln shares represents 17.8%
of co's issued capital
** Bluebird's shares down ~57% YTD
(Reporting by Anchal Rana in Bengaluru)
((Anchal.Rana@thomsonreuters.com; +91 9915609050;))